Allstate Corp. got the go-ahead from state regulators May 2 to make increases in both auto and homeowner insurance rates, according to the Los Angeles Times. California’s third largest insurer had requested a homeowner increase of 22.3 percent, getting the nod for an 18.5 percent increase. On the auto side, Allstate requested an increase of 20.1 percent, and was given approval for an 8.9 percent jump in rates. Allstate’s new rates will go into effect later this month.
Topics Pricing Trends
Was this article valuable?
Here are more articles you may enjoy.
Here’s a List of Gulf Energy Infrastructure Damaged in Iran War 
Toilet Paper Warehouse Fire Investigators Review Viral Video 
Vehicle Complexity Complicates Auto Valuation, Says JD Power 
IBM Agrees to Pay Government $17 Million in DEI Settlement From This Issue
